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Buy Crypto with CGD Bank

Buy Crypto with CGD Bank

Alysha Jane
Fact Checked
Oct 25, 2022

Summary: CGD Bank in Portugal does not directly offer cryptocurrency investing services through its online banking platform. That said, they do allow customers to transfer funds from CGD online into regulated digital asset exchanges to buy and sell crypto.

We recommend Uphold for users in Portugal because they offer fast and cheap deposits from CGD to trade over 200 cryptocurrencies with zero fees. Their exchange also offers crypto staking on assets to earn up to 25% APY on deposits.

Table of Contents

Best Crypto Broker for Portuguese Banks

Platform Highlights

  • Trade 200+ Cryptos with fast Euro (EUR) deposits from Portuguese Banks.
  • Stake Crypto and earn up to 25% APY on your assets.
  • Trade Crypto, Stocks, ETFs, Metals and more with 0 fees.

How to Buy Bitcoin and Crypto with CGD Online

As mentioned above, the best way to invest in cryptocurrencies with CGD Bank is with a European Securities and Markets Authority (ESMA) licensed trading platform. We recommend Uphold because they are regulated and offer instant Euro (EUR) deposits to trade the widest variety of crypto assets with no commissions.

You can get started in 4 simple steps:

  • Step 1: Sign up to the Uphold platform and verify your identity.
  • Step 2: Connect your CGD account to Uphold by selecting the 'Link a bank account' button on your dashboard.
  • Step 3: Deposit EUR via Bank Transfer, Debit Card or Credit Card from CGD Bank.
  • Step 4: Find the crypto you want to buy (over 200) and execute your trade.
Uphold
Deposit Funds with CGD Bank to buy Crypto.

Is Caixa Geral de Depósitos Crypto-Friendly?

Yes, Caixa Geral de Depósitos is crypto-friendly and does not have any policies which prohibit customers from investing in digital assets. The only issue customers may have is if they try to deposit funds into unregulated trading platforms that are domiciled off-shore, such as Binance and Gate.io.

Otherwise, customers should have no issues buying and selling cryptocurrencies with funds form their CGD Bank accounts.

About CGD Bank

Caixa Geral de Depósitos is a leading bank in Portugal. It offers a wide range of banking services to individuals, businesses and institutions. CGD has a strong focus on customer service and provides a high level of service to its clients. The bank has a network of branches and ATMs across Portugal. CGD Bank is a member of the European Banking Federation and the Portuguese Banking Association.

CGD Bank

CGD was founded in 1876. The bank is headquartered in Lisbon, Portugal. CGD Bank has a workforce of over 3,000 employees. The bank is publicly listed on the Lisbon Stock Exchange.

The bank offers a wide range of banking products and services to its clients. The bank’s product range includes savings accounts, current accounts, credit cards, loans, mortgages, investment products and insurance products. CGD Bank also offers online banking services to its clients.

CGD Bank has a strong focus on customer service. The bank has a dedicated team of customer service executives who are available 24 hours a day to assist clients with their queries and problems. CGD Bank has a toll-free number which can be accessed from anywhere in Portugal. The bank also has an online customer service portal where clients can submit their queries about cryptocurrencies and get responses from the customer service team.

Alysha Jane

I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.

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